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20130227
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CSPAN
Feb 27, 2013 6:00am EST
savings and efficiencies, but also looking at the current situation with spending within the pentagon and making sure that our leaders there have the ability to make sure that they meet this nation's priority in making those spending decision. i appreciate the opportunity to coming -- to come before you. we look forward to taking your questions. >> can you clarify, does it completely remove defense? >> it would. sequestration has two primary components that we dislike. one is the severity of the cuts in national defense and the second is the arbitrary way in which it doesn't. what we are basically saying is we ought to at least agree on the national security defense and we do not want to do anything that would jeopardize that. this bill is in a simplistic form that everyone can expand -- can understand, that sequestration would not be good for national defense. adjusting the numbers anywhere they wanted to, but it would basically say that we are not going to use this kind of arbitrary approach when it comes to national defense. >> we tend to be hearing two messages from republicans. o
CSPAN
Feb 26, 2013 8:00pm EST
. >> pentagon spokesman george little talked about how sequestration would affect the defense budget. glmpleght first, as you know, the sequestration goes in to effect for the remain of the year. it will require that the department of defense to cut roughly $46 billion from the level of funding provided on the 2013 continuing resolution. all of the last seven months of the fiscal year. by law, sequester would apply to all of the dod budget. including wartime spending. the only exception is that the president has indicated his intend to -- personnel funding from sequestration. dod leaders support the decision, it does not mean that other budget accounts will be cut by larger amounts to offset the exemption. accounted by account item by item. cuts to the operating portion of the dod budget must be equal in percentage at the let of appropriations accounts. for example, army active operation maintenance, navy reserve operation and maintenance, and air force guard. for the investment the dollars cut must be allocated. that means more than 2500 programs or projects that separately identified need to
FOX Business
Feb 26, 2013 7:00pm EST
to point out that from the very first time he was in office, he issued gag orders at the pentagon where nobody could even talk about the implications of those cuts. and his latest this week, he issued again memorandums that tell people they cannot talk about the reality of the cuts that are there. lori: we do have some quantitative data from the department of treasury, congressman, on the rate of defense spending, and we do know that it has risen of the last decade by 54%. that is inflation adjusted, obviously we have had it worse in iraq in afghanistan. obviously george w. bush was the president, but it also includes the increase in defense spending and the president obama. there is a case to be made, there is a lot of fat and the department of defense. cuts need to be made. it is i time. >> laurie, there is no question about that. there is that the department of defense and we're working on that in the to continue to work on that. sequestration is not going to get the fat. it is getting a programs that we desperately need doing in an arbitrary way. let me just address that 54 percent
FOX News
Feb 27, 2013 3:00am PST
, those cuts would take 13% out of the pentagon's budget. 9% away from nondefense programs, and 11% out of unemployment insurance checks, senior administration officials are telling us that when those cuts begin causing pain across america, they believe republicans will cave under pressure from their constituents and agree to the increased revenue the president wants. just yesterday the president made his argument at a nuclear attack submarine plant in newport news, virginia. >> there are too many republicans in congress right now who refuse to compromise even an inch when it comes to closing tax loopholes and special interest tax breaks. that's what's holding things up right now. >> but republicans disagree and speaker of the house, john boehner, used some very colorful language to describe how unhelpful he thinks president obama's trip away from washington was so close to the deadline for sequestration. >> for 16 months the president has been traveling all over the country holding rallies instead of sitting down with senate leaders in order to try to forge an agreement over there in o
Search Results 0 to 3 of about 4